White Paper

9 Reasons to Expect More Class Action Lawsuits and Higher D&O Prices in 2019

A convergence of emerging litigation trends has driven securities class actions to an all-time high. That means greater D&O exposure for every executive.

White Paper Summary

In 2018, many liability lines of insurance experienced increases in both claim frequency and severity. According to Jon Peeples, Vice President of Underwriting, Philadelphia Insurance, the environmental market was no different.

“Last year, the industry saw an uptick in claims related to several historic environmental risks, including mold and Legionella, as well as an increase in the value of those claims,” he said.

“In general, concern over indoor pollution issues like poor air quality and tainted drinking water are taking prevalence over concerns about outdoor pollution. That’s the biggest change I’ve seen reflected in loss trends over the past few years.”

In the year ahead, he expects that shift to remain a force determining environmental underwriters’ top exposures. Here are the top five environmental risks underwriters will be watching this year:

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To learn more about Nationwide, please visit their website.

Nationwide, a Fortune 100 company, is one of the largest and strongest diversified insurance and financial services organizations in the U.S. and is rated A+ by both A.M. Best and Standard & Poor’s.

Risk Matrix: Presented by Liberty Mutual Insurance

10 Critical Risks Shaping the Energy Landscape Today

From traditional risks like safety and oil volatility to emerging exposures like climate change litigation, here are the top risks facing the sector today.
By: | March 1, 2019 • 2 min read

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 




The R&I Editorial Team can be reached at [email protected]